euro adhoc: Plambeck Neue Energien AG / Joint Ventures/Cooperation/Collaboration / Plambeck Neue Energien AG: Co-operation for wind farm projects in Bulgaria and Turkey

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Contracts

09.11.2007

Cuxhaven, 9th November 2007 - The wind farm project company Plambeck
Neue Energien AG (ISIN: DE000A0JBPG2), in Cuxhaven, continues to give
its core business international reach. Two joint-venture contracts
which envisage the establishment of joint companies to develop and
implement wind farm projects in Bulgaria and Turkey are finally
agreed today.

The partner for the joint venture in Turkey is Türkwind Energie Ltd.
Plambeck Neue Energien AG will have an 80 per cent majority stake in
the joint venture in which the wind farm projects with up to 450 MW
of installable rated output are to be set up. The projects are at
different stages of development. These wind farm projects planned for
completion from 2010 will entail up to EUR 640 million of investment.

Bul-Energy OOD is the partner in the Bulgarian joint venture.
Plambeck Neue Energien AG will likewise hold an 80 per cent majority
stake in the company. The joint venture will see wind farm projects
with up to 250 MW of installable rated output and which are equally
at various stages of development. These wind farm projects planned
from 2010 will entail investment of up to EUR 350 million.

The respective partners in the joint venture projects will take on
the development of the wind farm projects until completion. Plambeck
Neue Energien AG is to be responsible for the selection and
procurement of the wind power facilities, financing the project and
sales as well as the commercial and technical operational management
when the wind farms come on line.

end of announcement euro adhoc 09.11.2007 14:21:05
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ots Originaltext: Plambeck Neue Energien AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Rainer Heinsohn
Plambeck Neue Energien AG / Öffentlichkeitsarbeit
Tel.: +49(0)4721-718-453
heinsohn@plambeck.de

Branche: Alternative energy
ISIN: DE000A0JBPG2
WKN: A0JBPG
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
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